capt - I acknowledge that my beliefs as to probabilities is not based on the rigorous application of statistics. In that regard I must bow to the more mathematically inclined. I respect those who posses greater mathematical ability than my own. If their system works for them and makes them money I am the more impressed. My beliefs as to what is most probable is based on my experience and knowledge of several forms of TA, EW included. I do not deny that there is an element of art involved with how I arrive at my targets and direction. At times I think I would be better off only mentioning my prediction for direction and target and not discussing how I arrived at them. It doesn't seem to me that it would matter if I consulted frog entrails as long as I proved helpful.
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